Open Journal of Social Sciences

Volume 8, Issue 12 (December 2020)

ISSN Print: 2327-5952   ISSN Online: 2327-5960

Google-based Impact Factor: 0.73  Citations  

The Effects of Temporal Shut Down: A Proposed Mitigation on COVID-19 Perspectives

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DOI: 10.4236/jss.2020.812009    386 Downloads   1,072 Views  Citations

ABSTRACT

Notwithstanding various media reports on casualties in systems due to the emergence of COVID-19, it is envisaged to have a solution. By far, this study investigates how countries bilateral trade relationship is distorted due to COVID-19. More so, it examines the economic and financial divergence in systems from the capital perspectives. Finally, it considers the changes in various industries that are affected directly as a result of the COVID-19 outbreak and its distortion in the business model. Employing a case study approach, we conclude that there is a distortion in the supply chain system which has effects on trade relationships. While significant capital deploying strategies were found as mitigation during the pandemics, there is an indecisive business model for the future with inordinate changes in business models during the periods of COVID-19. There is also a risk exposure in both economic decisions and business models due to the uncertain signals of COVID-19. We discuss our findings within the theoretical framework of capital allocation, information/signaling, and adoption perspectives.

Share and Cite:

Ahia, B. , Boakye, E. , Azaare, J. and Gyamerah, S. (2020) The Effects of Temporal Shut Down: A Proposed Mitigation on COVID-19 Perspectives. Open Journal of Social Sciences, 8, 95-107. doi: 10.4236/jss.2020.812009.

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